4y
Thank you for your review and feedback, and thank you for your 3+ years of contribution here at Health Catalyst. I'm glad to hear that the remote work policy and flexibility have been positives for you, and that you've found your teammates to be supportive. I'm sorry to hear that you have not experienced as many career advancement opportunities and promotions as you would have liked. We have and do invest a great deal of time and energy into the promotion process on behalf of our team members, including consistently encouraging managers to evaluate each of their teammates through a major process every six months, and then through a more exception-based process every three months, and we have a significant bias towards promoting from within the company, with the vast majority of promotions being internal.
I also appreciate your feedback about the importance of compensation as well. One thing we'll discuss in today's all team member meeting and in our next meeting is the base salary increase that virtually every team member in good standing will be eligible to receive in 2022, as part of the "base case" operating budget scenario for 2022. It is critical that team members have meaningful opportunities for their compensation to increase while in their current roles, not just through the promotion process. I apologize that we were not able to provide a companywide base salary increase early in 2021, due to pandemic-related financial constraints. We are excited to bring these annual base salary increases back in 2022, as a result of a higher-growth year this year thus far. We will also be sharing that we'll be providing another spot bonus to our team members in Q4 as a way of expressing appreciation to you for your hard work and your direct contributions to the company's growth and success.
These past 18 months have been uniquely challenging for every team member, due to the effects of the pandemic. I know and can sense of the exhaustion and the sense of being overstretched and underappreciated, which comes through in this review and in many others as well. We'll discuss this in today's all team member meeting. We as a leadership team want each team member, at a specific and at an individual level, to feel appreciated, recognized, and cared for at Health Catalyst. That's also one reason we're announcing the Health Catalyst Team Member Flywheel Awards today as well. We want to increase the expressions of appreciation and gratitude, and recognize those who are the most frequent "givers" and "receivers" of appreciation, through Motivosity. Each of these actions is designed to signal our long-term commitment towards team members and their engagement. I sincerely hope that these actions and many more in the weeks, months and years ahead, will contribute positively to your experience at Health Catalyst. Best, Dan